dilapidate
/ˌdɪləˈpɪdeɪt/Definitions
1. verb
to allow a building or piece of property to fall into disrepair, often due to neglect or lack of maintenance.
“The abandoned mansion began to dilapidate after years of being left empty.”
2. verb
to waste or squander resources, such as money or time, often in a careless or extravagant manner.
“The company’s reckless spending began to dilapidate their financial reserves.”